Oct 14, 2021 09:42 AM IST
Fundamentals are narrowing the gap with high valuations, and September quarter results are expected to back this up
- Sep 27, 2021 09:19 AM IST
China concerns are likely to impact steel sector and Indian players will have an opportunity for higher exports. Steel prices are likely to remain elevated based on higher coking coal prices
- Sep 14, 2021 04:34 PM IST
The Sensex and the Nifty ended higher led by gains in bank, automobile and IT shares. Mid and small cap indices outperformed the benchmarks. Among sectors, Nifty Media surged the most, followed by private banks, IT, auto and realty indices, while selling was seen in Nifty Metals and Nifty FMCG indices.
- Aug 31, 2021 04:49 PM IST
Benchmark indices soared to all-time highs with Nifty surging above the 17,000 level for the first time ever. Gains were seen across sectors led by metals, IT, pharmaceutical, FMCG and financial services shares. Mid and Small Cap indices also gained nearly half a percent each.
- Aug 30, 2021 07:44 PM IST
Aluminium with 35% gains this year outperforms the metal sector. The metal is trading at a 3-year high on LME and a 13-year high on Shanghai with still bullish fundamentals and price forecasts ahead.
- Aug 27, 2021 04:55 PM IST
Sensex and Nifty ended at record closing high led by gains across the board. Broader markets, midcap and smallcap indices outperformed the benchmarks. All sectoral indices ended in the green with metals, pharma, IT, PSU banks and realty indices gaining the most.
- Aug 20, 2021 05:25 PM IST
Sensex and Nifty ended lower, dragged by selling across the board amid weak global cues. Small and mid cap indices also declined over 2 percent each. Barring Nifty FMCG, all other sectoral indices closed are in the red with Nifty Metals falling over 6 percent followed by PSU banks, pharma, realty and media indices.
- Aug 18, 2021 10:28 AM IST
The problem is of a simple supply-demand mismatch--- one where post-Covid a sharp surge in demand has shaken all sectors. On the supply side, a lull in the shipping industry for over a decade has resulted in the supply of fewer ships and containers
- Aug 16, 2021 04:24 PM IST
Sensex was up 0.3% at and Nifty ended 0.2% higher led by gains in metals and FMCG stocks. Reliance Industries led the rally today as it surged over 2 percent after a report suggested Saudi Aramco is in advanced talks to acquire a stake in its oil refining business.
- Jun 29, 2021 12:36 PM IST
Nifty Metal has outperformed other sectoral indices on NSE, rising 61 percent in the first six months of 2021. The benchmark Nifty50 is up 13 percent while the second-best performer among sectoral indices, the Nifty PSU Bank index, is up 43 percent.
- Jun 11, 2021 09:35 PM IST
The IPO momentum is once again building up after a dull two-month period owing to the second wave of the COVID-19 pandemic. On June 14, Sona Comstar and Shyam Metalik IPOs are set to open for subscription. Ahead of that, Karunya Rao fills you in on all the details.
- May 26, 2021 02:44 PM IST
The global investment bank is of the view that the current surge in apparent demand is due to an extreme inventory cycle and not a structural increase, Credit Suisse said in a note.
- May 24, 2021 10:40 AM IST
Just five industries accounted for nearly two-thirds of new project announcements in 2020-21
- May 24, 2021 09:26 AM IST
We caught up with Hindalco Industries managing director Satish Pai following a stellar showing by the company in Q4FY21. Pai Q1 demand was slow in India but recovery is expected June-July on. Coal prices are likely to impact profitability, though aluminium is expected to see an uptrend for two years, says Pai.
- May 10, 2021 09:55 AM IST
FIIs have been selling in India due to the COVID second wave concerns and moving to safer markets like South Korea and Taiwan, says Vijayakumar.
- May 03, 2021 03:00 PM IST
The up cycle among metal prices has been fuelled by the continued surge in global demand, tightening supplies, ultra-accommodative monetary policies, fiscal support, and a weak dollar
- Apr 30, 2021 11:05 AM IST
For the NIfty, supports for the May series are placed at 14,200 & 13,500. If the Nifty breaches and closes above 15,000, it may touch an all-time high very soon, says Nigam.
- Apr 14, 2021 01:07 PM IST
Metals appear to be in a sweet spot as recovery in the economy and the government's focus on infrastructure has augmented the demand scenario for the sector.
- Apr 09, 2021 09:43 AM IST
Those investors who are holding on to their shares have little to worry about. While there is the hope that the promoter may improve the price next time around, the sector in which Vedanta operates is also doing well
- Nov 10, 2020 01:52 PM IST
The boost to economic activity will certainly mean better demand for metals but the prospect of money taps closing will become a worry
- Jul 16, 2020 12:44 PM IST
China’s economy is in good shape which augurs well for industrial commodities
- Jun 12, 2020 12:49 PM IST
Worries over the second wave of the COVID-19 virus which had rattled financial markets weighed on the base metal prices also.
- Apr 01, 2020 01:15 PM IST
- Mar 18, 2020 11:20 AM IST
"Our outlook for the global base metals industry is negative. This outlook reflects our expectations for the fundamental business conditions in the industry over the next 12 to 18 months," Moody's Investors Service said in a statement.
- Dec 16, 2019 09:49 AM IST
A phase one deal between the US and China is a start but a lot more ground needs to be covered before companies or investors can turn bullish